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Business

SBI Reports: Women-Centric Direct Benefit Transfers Strain State Finances Nationwide

The State Bank of India reports that women-centric Direct Benefit Transfer schemes are straining state finances, with costs exceeding Rs 1.5 lakh crore across eight states. These i...

Business

ICICI Bank Reports a 15% Surge in Q3 Profits, Reaching Rs 11,792 Crore

ICICI Bank announced a 15% increase in Q3 profits to Rs 11,792 crore, with total income and interest income also rising. Asset quality improved with reduced NPAs, though provisions...

Business

Yes Bank Achieves Stunning 164% Profit Surge in Q3FY25, Reaching Rs 612 Crore

Yes Bank reports a 164.5% surge in Q3FY25 net profit to Rs 612 crore, driven by strategic improvements in margins, fee income, and cost reductions. The bank also saw significant gr...

Business

Sharp 43% Increase in Complaints Against Lenders: Insights from RBI's Latest Report

The RBI's latest report reveals a 43% surge in complaints against lenders, with loans and advances grievances leading the charge. Mobile and internet banking complaints also saw a ...

Business

SBI Advocates for Enhanced Healthcare and Insurance Focus in Union Budget 2025

The State Bank of India (SBI) recommends prioritizing healthcare and insurance in the Union Budget 2025, suggesting increased healthcare spending, tax exemptions on insurance premi...

Business

Ola Joins Uber in Denying Fare Discrimination Based on Phone Manufacturer

Ola and Uber have denied allegations of fare discrimination based on the rider's phone manufacturer, following a government notice. Both companies affirm their commitment to unifor...

Business

Adani Group Strongly Denies Claims of Sri Lanka Revoking Power Purchase Agreement

The Adani Group has denied reports of Sri Lanka revoking a power purchase agreement, calling the claims false. Despite a US indictment and ongoing investigations, the group insists...

Business

Tata Sons Aims to Expand Stake in Tata Play: Seeks CCI Approval for 10% Acquisition

Tata Sons aims to increase its stake in Tata Play by acquiring an additional 10% from Temasek, seeking CCI approval. This strategic move highlights Tata's commitment to expanding i...